Water trading update - April 2022 - Elders Rural Services
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Water trading update – April 2022

The Elders Weather outlook forecasts multiple cold fronts across southern and eastern Australia from 18 to 22 April and 4 to 8 May. The cold fronts are expected to bring widespread rain. In Western Australia (WA), the strongest cold fronts will start from 15 to 19 April and again from 4 to 8 May.

Permanant water

The price of permanent water has increased in most valleys over the past few months.

Elders has sold more than 5,000ML of permanent water in the past three months and the market has increased by 25 per cent for some classes of water entitlements within this short time frame.

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Table showing permanent water security level per zone.

Average temporary water price per zone

Goulburn

High reliability: 100%
Elders Water Trading price as at 13 April 2022: $35 to $40
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Data provided by: Waterflo

Murray (above choke)

High security: 100%, General security: 100%
Elders Water Trading price as at 13 April 2022: $8 to $13
murray-above-water-april22

Data provided by Waterflo

Murray (below choke)

High security: 100%, General security: 100%
Elders Water Trading price as at 13 April 2022: $70 to $75
murray-below-water-april22

Data provided by Waterflo

Murrumbidgee

High security: 100%, General security: 100%
Elders Water Trading price as at 13 April 2022: $10 to $15
murrumbidgee-temp-water-april22

Data provided by Waterflo

Temporary water can only be carried over against General Security (GS) water entitlements (i.e. a maximum of 30 mega litres (ML) of temporary water for each 100ML of GS entitlement). With approximately 1892GL of General Security entitlements in the valley, a maximum 567.6GL of temporary water can be carried over into the next water season.

At this stage of the season:

  • 2,256GL has been allocated to High Security and General Security entitlements
  • 668GL has been used
  • 1588GL has not been used

This means 1000GL of temporary allocation will be lost by these High Security and General Security water licence holders at the end of the water season.

For assistance with your water needs contact the Elders water trading team on 1300 220 214.

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